Trading thoughts and ideas
Analysis of a wide range of stock, commodities and FOREX charts.
Specialized in gold and silver small-mid cap mining companies.
Tuesday, August 9, 2011
S&P 500 drop Recap and Marc Faber logically breaks down exactly what is wrong with the world economy and how to fix it
Zerohedge provides commentary + transcript of the interview
Ultimately the next 2-5 months will be an illusion, where a bounce in the economy is strictly due to technical levels (outlined in previous posts before the heavy selling came into the market: S&P 500 Analysis | August 2011 | Bear Market emerges & S&P 500 Analysis | Long Term Outlook | Economic End of Days?).
Technical charts for S&P 500 July-August 2011, for analysis see the above links
July 27th, 2011
August 2nd, 2011
August 9th, 2011
Things are getting real folks. Metals one year from now are likely to be easily 30-50% higher especially gold, silver.
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SP500
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